G-words kick off 2014: Graphite and Gold
InvestorIntelReport Week-in-Review: Would like to start by thanking Robin Bromby on his piece on Africa: waiting in the wings as a potash market (and producer) this weekend, not to mention Jack Lifton who singlehandedly dealt with the onslaught of phone calls and emails asking me what I thought of the WSJ article published on January 8, 2014 How the Great Rare-Earth Metals Crisis Vanished with a comprehensive correction that anyone involved in the technology metals sector should read.
My response was abbreviated and slapped on the WSJ site (copied here for your review) and for all of those of you with a good sense of humor and well versed in tech metals, will appreciate what the title of this article should have read instead: How the Great Rare Earth Metal Stock Promoters Vanished. Now that’s a good read, and arguably I could write this piece today but I need to get an update out on Mason Graphite (the “G-word”) and their graphene deal they just announced this morning. Since Jack handled this explanation in a superior fashion, let’s get down to what really happened last week…
For starters the REE Leaders Index stepped down 4 points, from 312 to 308 suggesting stabilization – down -1.28% for the week ending January 10th. Many of the rare earth companies are getting called to action, as are all of the resource companies; with dismal 2013 numbers, depleting cash flow reserves, Bay Street took the longest holiday break I can recall in the last 10 years because – nothing was happening.
Decided to integrate the graphite, graphene and lithium plays under one chart, and voila: welcome Technology Metals. You knew it was coming as the term “critical materials” is so negative sounding and the “technology metals” is cool, it’s hip and captures what we care about – the future of these critical materials: demand and price elevation for technologies that will change the world.
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The InvestorIntel Technology Metals clients were up +1.71% (to see the complete list and access specific numbers, log onto InvestorIntelReport) and we had an interesting trend…it seems that anything with the “G-word” — Graphite and Gold led the kick off for 2014.
- Triton Minerals Limited ASX: TON +25.00% – the 2 “G’s” – Graphite & Gold, Triton had to put out an announcement earlier this week that they were not aware of any material news that was affecting their prices. Perhaps investors are finally comprehending their neighbor is Syrah Resources…
- Nouveau Monde Mining Enterprises Inc. TSXV: NOU +20.00% — the second junior exploration graphite play rallies in the New Year, celebrated the closing of private placements equalling $300k on the 12th. This graphite play e in Quebec, again we have location, location and – infrastructure.
- Matamec Explorations Inc. OTCQX: MHREF +19.43% & TSXV: MAT +16.67% – a lot of fans support this hard working rare earth company, Matamec put out their “G-News” with an update on their gold projects on the 9th that the market responded favorably too.
- Alkane Resources Ltd. ASX: ALK +17.65% & OTCQX: ANLKY +4.52% – undeniably a heavy weight leader in the technology metals sector, the update on the Tomingley gold project earlier this week on how they are on track to be producing gold in February is undoubtedly one to watch…
- Berkwood Resources Ltd. TSXV: BKR 14.29% – another graphite and gold play, see a trend here? Berkwood announced the acquisition on the 7th about having “additional contiguous ground immediately to the west of its Lac Guéret East Graphite Property…”
- Critical Elements Corporation +13.16% TSXV: CRE & OTCQX: CRECF 10.98% – another Quebec based graphite play, rising – no news.
- Focus Graphite Inc. TSXV: FMS +12.28% & OTCQX: FCSMF +8.08% – Focus arguably had the s future graphite production that helped propagate interest in the graphite sector. Speculation on what this means has been far-reaching and we are looking forward to securing an interview with Don Baxter shortly.
- Tasman Metals Ltd. TSXV: TSM +12.07% & NYSE MKT: TAS +5.41% – Like Focus, we have rare earths and graphite coming together – and shareholders are responding positively to last month’s announcement where Tasman announced merger negotiations with Flinders Resources…good article: Tasman and Flinders seek merger — and lay down road-map for the critical metals sector.
- Pele Mountain Resources Inc. TSXV: GEM +10.00% & OTCQX: GOLDF +7.44% — this one did not follow the trend this week, and performed without gold or graphite — but they do have GOLD in their OTCQX trading symbol? Pele has rare earths and uranium; and my sources are telling me to expect a great year in uranium.
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As I was saying our gold clients were up +7.94% for the week, and we are planning on changing the Gold & Silver category on our site to Gold & Precious Metals this month. Speaking of changes, will be doing more Agribusiness this year and this week, IC Potash Corp. started to buck what was a brutal downward trend, and kicked off 2014 properly with TSX: ICP +20.00% & OTCQX: ICPTF 6.00% and of course, Allana Potash was featured in Robin’s excellent article on Africa that I referenced on the onset, they ended the week just up TSX: AAA 1.27% & OTCQX: ALLRF 1.40%.
Lots of Cleantech & Technology news for you coming this week as I attend the Cantech conference in Toronto on Thursday.
An accomplished entrepreneur and corporate finance professional, Tracy Weslosky is the CEO for InvestorIntel Corp. and the VP of Business Development for Bellotti Capital Partners ... <Read more about Tracy Weslosky>